Police will be able to seize the pay of illegal workers as “proceeds of crime” in laws proposed by David Cameron.

Firms will also be told when workers’ visas expire and banks will have to keep a check on a database of illegal immigrants to see if any have accounts.

Foreign criminals due to be deported will have to wear satellite tracking tags.

The Immigration Bill to be outlined by Mr Cameron will include policies put forward by Labour, like powers to stop rogue bosses hiring cheap staff abroad.

The PM will say: “Illegal working will be a criminal offence in its own right.”

The new immigration bill in next week’s Queen’s Speech will also give councils more powers to tackle rogue landlords, while foreign criminals awaiting deportation will be made to wear satellite tracking tags.

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And it will force banks to check accounts against a database of illegal immigrants.

The fresh assault on illegal immigration includes the adoption of policies first put forward by Labour.

These include more powers to stop rogue bosses from hiring cheap labour from overseas and requiring recruitment agencies to advertise for jobs in the UK first.